With unemployment rising, millions could fall behind on their mortgages

Apr 3, 2020
Homeowners with federally backed mortgages can pause their monthly bill for up to a year. But they may get hit with a balloon payment at the end.
Justin Sullivan/Getty Images

Could falling interest rates mean a pick-up in hiring by mortgage lenders?

Apr 3, 2019
It looks like refinancing is making a comeback in the housing market. Dropping interest rates have brought a spike in applications to refinance mortgage loans. According to a report from financial analysts Black Knight, about 5 million homeowners in the…
Pedestrians pass by a sign advertising low refinance rates at a US Bank office in San Francisco, Calif.
Justin Sullivan/Getty Images

FHA tightens standards on insuring home loans

Mar 25, 2019
The Federal Housing Administration is growing concerned that lenders are allowing some first-time home buyers to take on too much risk. Earlier this month, the FHA told lenders that it will flag more loans as high risk, and raise the…
The reflection of blue skies and palm trees are seen in the window of a Countrywide banking and home loans location offering reverse mortgages in Sun City, Arizona.
RICHARD A. BROOKS/AFP/Getty Images

Home buyers navigate sluggish housing market

Oct 24, 2018
Sales of new and existing homes haven't been this slow for years, so what's a buyer to do?
 A 'For Sale' sign sits in front of a new home May 27, 2004 in Miami, Florida. 
Joe Raedle/Getty Images

Home buyers navigate sluggish housing market

Oct 24, 2018
Sales of new and existing homes haven't been this slow for years, so what's a buyer to do?
 A 'For Sale' sign sits in front of a new home May 27, 2004 in Miami, Florida. 
Joe Raedle/Getty Images

Barriers to homeownership still exist for people of color

Feb 15, 2018
A report from Reveal looks at racial discrimination in the mortgage business and the legacy of redlining.
A 1937 map of Philadelphia shows redlining of neighborhoods.
Wikimedia Commons

The American dream: How undocumented immigrants buy homes in the U.S.

Sep 11, 2017
It’s all thanks to ITINs — individual tax identification numbers.
Home ownership is part of the American dream. 
Timothy A. Clary/AFP/Getty Images

You’ve got questions. We help you answer them.

Support nonprofit, independent journalism that makes you smarter.

Tiny homes seem perfect for most millennials, except for one big problem

Jun 15, 2017
Traditional lenders have shied away from financing the trendy homes, but that could change next year.
A portable home made by Titan Tiny Homes. 
Courtesy of Titan Tiny Homes.

All in the family: the new mortgage math

Sep 16, 2015
Fannie Mae overhauls a loan option to reflect economic realities.
Fannie Mae has overhauled a mortgage loan option to reflect economic realities.
Christopher Furlong/Getty Images

5 years after Lehman, subprime mortgages return

Sep 12, 2013
Mortgage lenders fueled the financial collapse by marketing subprime loans to people who couldn't afford them. They disappeared as the housing market crashed, but subprime mortgages could return.